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Business Loan Worksheet

ABOUT THIS DOCUMENT

The Business Loan Worksheet is a spreadsheet that is designed to assist businesses in choosing an optimal business loan for the company's particular business needs. This template spreadsheet will calculate and compare up to three different business loans. Each loan can have a different loan amount, interest rate, and term, allowing the company to compare three very different options. The spreadsheet calculates the monthly principal and interest payments required by each option, assuming a fully amortizing loan.

Reads: 170 times
Used: 3 times
Pages: 9
Size: 474 kb
Format: Excel Spreadsheet

Text Version

BUSINESS LOAN WORKSHEET

Edit Data in the Light Blue Shaded Cells ONLY.



OPTION #1 OPTION #2 OPTION #3

Loan Amount $ 100,000 Loan Amount $ 50,000 Loan Amount $ 250,000

Interest Rate 10% Interest Rate 15% Interest Rate 25%

Term (in Years) 10 Term (in Years) 25 Term (in Years) 5





Month Principal Interest Principal Interest Principal Interest

1 $ 488 $ 833 $ 15 $ 625 $ 2,129 $ 5,208

2 $ 492 $ 829 $ 16 $ 625 $ 2,174 $ 5,164

3 $ 496 $ 825 $ 16 $ 625 $ 2,219 $ 5,119

4 $ 500 $ 821 $ 16 $ 624 $ 2,265 $ 5,072

5 $ 505 $ 817 $ 16 $ 624 $ 2,313 $ 5,025

6 $ 509 $ 813 $ 16 $ 624 $ 2,361 $ 4,977

7 $ 513 $ 808 $ 17 $ 624 $ 2,410 $ 4,928

8 $ 517 $ 804 $ 17 $ 624 $ 2,460 $ 4,878

9 $ 522 $ 800 $ 17 $ 623 $ 2,511 $ 4,826

10 $ 526 $ 796 $ 17 $ 623 $ 2,564 $ 4,774

11 $ 530 $ 791 $ 17 $ 623 $ 2,617 $ 4,721

12 $ 535 $ 787 $ 18 $ 623 $ 2,672 $ 4,666

13 $ 539 $ 782 $ 18 $ 623 $ 2,727 $ 4,611

14 $ 544 $ 778 $ 18 $ 622 $ 2,784 $ 4,554

15 $ 548 $ 773 $ 18 $ 622 $ 2,842 $ 4,496

16 $ 553 $ 769 $ 19 $ 622 $ 2,901 $ 4,436

17 $ 557 $ 764 $ 19 $ 622 $ 2,962 $ 4,376

18 $ 562 $ 759 $ 19 $ 621 $ 3,024 $ 4,314

19 $ 567 $ 755 $ 19 $ 621 $ 3,086 $ 4,251

20 $ 572 $ 750 $ 20 $ 621 $ 3,151 $ 4,187

21 $ 576 $ 745 $ 20 $ 621 $ 3,216 $ 4,121

22 $ 581 $ 740 $ 20 $ 620 $ 3,283 $ 4,054

23 $ 586 $ 736 $ 20 $ 620 $ 3,352 $ 3,986

24 $ 591 $ 731 $ 21 $ 620 $ 3,422 $ 3,916

25 $ 596 $ 726 $ 21 $ 620 $ 3,493 $ 3,845

26 $ 601 $ 721 $ 21 $ 619 $ 3,566 $ 3,772

27 $ 606 $ 716 $ 21 $ 619 $ 3,640 $ 3,698

28 $ 611 $ 711 $ 22 $ 619 $ 3,716 $ 3,622

29 $ 616 $ 706 $ 22 $ 619 $ 3,793 $ 3,545

30 $ 621 $ 701 $ 22 $ 618 $ 3,872 $ 3,466

31 $ 626 $ 695 $ 22 $ 618 $ 3,953 $ 3,385

32 $ 631 $ 690 $ 23 $ 618 $ 4,035 $ 3,303

33 $ 637 $ 685 $ 23 $ 617 $ 4,119 $ 3,218

34 $ 642 $ 680 $ 23 $ 617 $ 4,205 $ 3,133

35 $ 647 $ 674 $ 24 $ 617 $ 4,293 $ 3,045

36 $ 653 $ 669 $ 24 $ 617 $ 4,382 $ 2,956

37 $ 658 $ 663 $ 24 $ 616 $ 4,474 $ 2,864

38 $ 664 $ 658 $ 24 $ 616 $ 4,567 $ 2,771

39 $ 669 $ 652 $ 25 $ 616 $ 4,662 $ 2,676

BUSINESS LOAN WORKSHEET

40 $ 675 $ 647 $ 25 $ 615 $ 4,759 $ 2,579

41 $ 680 $ 641 $ 25 $ 615 $ 4,858 $ 2,480

42 $ 686 $ 636 $ 26 $ 615 $ 4,959 $ 2,378

43 $ 692 $ 630 $ 26 $ 614 $ 5,063 $ 2,275

44 $ 697 $ 624 $ 26 $ 614 $ 5,168 $ 2,170

45 $ 703 $ 618 $ 27 $ 614 $ 5,276 $ 2,062

46 $ 709 $ 612 $ 27 $ 613 $ 5,386 $ 1,952

47 $ 715 $ 606 $ 27 $ 613 $ 5,498 $ 1,840

48 $ 721 $ 601 $ 28 $ 613 $ 5,612 $ 1,725

49 $ 727 $ 594 $ 28 $ 612 $ 5,729 $ 1,608

50 $ 733 $ 588 $ 28 $ 612 $ 5,849 $ 1,489

51 $ 739 $ 582 $ 29 $ 612 $ 5,971 $ 1,367

52 $ 745 $ 576 $ 29 $ 611 $ 6,095 $ 1,243

53 $ 752 $ 570 $ 29 $ 611 $ 6,222 $ 1,116

54 $ 758 $ 564 $ 30 $ 611 $ 6,352 $ 986

55 $ 764 $ 557 $ 30 $ 610 $ 6,484 $ 854

56 $ 770 $ 551 $ 31 $ 610 $ 6,619 $ 719

57 $ 777 $ 545 $ 31 $ 610 $ 6,757 $ 581

58 $ 783 $ 538 $ 31 $ 609 $ 6,898 $ 440

59 $ 790 $ 532 $ 32 $ 609 $ 7,041 $ 296

60 $ 797 $ 525 $ 32 $ 608 $ 7,188 $ 150

61 $ 803 $ 518 $ 32 $ 608 $ - $ -

62 $ 810 $ 512 $ 33 $ 608 $ - $ -

63 $ 817 $ 505 $ 33 $ 607 $

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